Real Estate Investment Properties for Sale in Lake Wales, FL

Looking for investment property in Lake Wales, FL with high ROI ?

Explore a variety of short-term homes & houses in Lake Wales, FL. Invest wisely with VRBO & Lake Wales, FL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Memphis Investment Property for Sale in Lake Wales, FL

Search for Memphis Investment Property for Sale in Lake Wales, Florida. Browse all of Mashvisor’s Memphis Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 250 Memphis Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
147 HAYES STREET LAKE WALES, FL Discover your dream home in the heart of South Lake Wales with this stunning three-bedroom...	3 beds \| 2 baths \| 1,400 sq.ft.	$260,000	Airbnb cash on cash: 2% Traditional cash on cash: 7.11% Airbnb Rental Income: $1523 Traditional Rental Income: $2334 Airbnb ROI: 2% Traditional ROI: 7.11%
6424 JENNY DRIVE LAKE WALES, FL **This house comes with a REDUCED RATE through the seller's preferred lender. This is a le...	3 beds \| 2 baths \| 1,700 sq.ft.	$325,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 7.62% Airbnb Rental Income: $1523 Traditional Rental Income: $2904 Airbnb ROI: 1.65% Traditional ROI: 7.62%
2609 EAGLE COURT LAKE WALES, FL Beautifully maintained 3BR/2BA home on a quarter-acre lot, tucked away on a quiet cul-de-s...	3 beds \| 2 baths \| 1,965 sq.ft.	$350,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.07% Airbnb Rental Income: $1523 Traditional Rental Income: $2505 Airbnb ROI: 0.74% Traditional ROI: 5.07%
496 LAKE SUZANNE DRIVE LAKE WALES, FL This stunning waterfront home, nestled in the highly desirable 55+ gated community of Chal...	2 beds \| 2 baths \| 1,637 sq.ft.	$345,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.63% Airbnb Rental Income: $1519 Traditional Rental Income: $2391 Airbnb ROI: 0.58% Traditional ROI: 4.63%
4820 CYPRESS DRIVE LAKE WALES, FL Immaculate Canal-Front Home with Direct Access to Lake Pierce. Seller is offering $2500.00...	2 beds \| 2 baths \| 1,325 sq.ft.	$334,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.58% Airbnb Rental Income: $1519 Traditional Rental Income: $1989 Airbnb ROI: 1.69% Traditional ROI: 4.58%
806 CHAMBERLAIN LOOP LAKE WALES, FL I have a resident home here that requires some tender loving care. It's a three bedroom, t...	3 beds \| 2 baths \| 1,379 sq.ft.	$224,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 7.75% Airbnb Rental Income: $1523 Traditional Rental Income: $2145 Airbnb ROI: 2.73% Traditional ROI: 7.75%
348 LAKE SUZANNE DRIVE LAKE WALES, FL Located in the Maintenance-Free Gated Community of Chalet Estates, this charming 2-bedroom...	2 beds \| 2 baths \| 1,546 sq.ft.	$259,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 6.08% Airbnb Rental Income: $1519 Traditional Rental Income: $2053 Airbnb ROI: 2.09% Traditional ROI: 6.08%
4338 DINNER LAKE BOULEVARD LAKE WALES, FL This lovely 3-bedroom, 2-bath home is located in the desirable gated community of Dinner L...	3 beds \| 2 baths \| 2,086 sq.ft.	$312,500	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.65% Airbnb Rental Income: $1523 Traditional Rental Income: $2272 Airbnb ROI: 0.59% Traditional ROI: 4.65%
218 LA CASA LAKE WALES, FL Beautiful 2 bedroom, 2 bath condo located in the quiet community of La Casa. This chalet i...	2 beds \| 2 baths \| 1,120 sq.ft.	$119,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 7.28% Airbnb Rental Income: $1519 Traditional Rental Income: $1799 Airbnb ROI: 0.99% Traditional ROI: 7.28%
4063 BIRKDALE DRIVE LAKE WALES, FL Welcome to this beautiful home in the sought-after 55+ community of Lake Ashton Golf in La...	2 beds \| 2 baths \| 1,530 sq.ft.	$300,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.89% Airbnb Rental Income: $1519 Traditional Rental Income: $2234 Airbnb ROI: 0.79% Traditional ROI: 4.89%
4276 DUNMORE DRIVE LAKE WALES, FL Welcome to your personal haven and next chapter in beautiful Lake AshtonâCentral Florida...	2 beds \| 2 baths \| 2,328 sq.ft.	$625,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.82% Airbnb Rental Income: $1519 Traditional Rental Income: $2376 Airbnb ROI: -0.41% Traditional ROI: 1.82%
302 E CENTRAL AVENUE LAKE WALES, FL Step back in time and experience the timeless charm of one of the original homes in Lake W...	4 beds \| 4 baths \| 2,092 sq.ft.	$475,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.67% Airbnb Rental Income: $2317 Traditional Rental Income: $2740 Airbnb ROI: 1.42% Traditional ROI: 3.67%
260 LAKE SUZANNE DRIVE LAKE WALES, FL Great 55+ community with great amenities conveniently located in the heart of Florida. Th...	2 beds \| 2 baths \| 1,321 sq.ft.	$229,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.24% Airbnb Rental Income: $1519 Traditional Rental Income: $2052 Airbnb ROI: 0.76% Traditional ROI: 5.24%
4805 OAK ACRES DRIVE LAKE WALES, FL Welcome to this beautiful 3-bedroom, 2-bath pool home, perfectly situated on a premium can...	3 beds \| 2 baths \| 1,720 sq.ft.	$379,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.8% Airbnb Rental Income: $1523 Traditional Rental Income: $2918 Airbnb ROI: 0.63% Traditional ROI: 5.8%
206 WILLOW STREET LAKE WALES, FL Charming, Energy-Efficient Home in Blue Lake Terrace â Move-In Ready! Welcome to 206 Wil...	2 beds \| 2 baths \| 1,330 sq.ft.	$209,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 8.07% Airbnb Rental Income: $1519 Traditional Rental Income: $2100 Airbnb ROI: 2.91% Traditional ROI: 8.07%
327 S MIAMI STREET LAKE WALES, FL Incredible investment opportunity! This 2-for-1 property deal offers two homes on one lot,...	4 beds \| 2 baths \| 752 sq.ft.	$180,000	Airbnb cash on cash: 7.94% Traditional cash on cash: 10.18% Airbnb Rental Income: $2317 Traditional Rental Income: $2127 Airbnb ROI: 7.94% Traditional ROI: 10.18%
4146 DINNER LAKE WAY LAKE WALES, FL * SELLER OFFERS TO PAY ON BEHALF OF THE BUYER* One of two options or a combination of ...	3 beds \| 2 baths \| 1,367 sq.ft.	$275,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.08% Airbnb Rental Income: $1523 Traditional Rental Income: $1978 Airbnb ROI: 1.62% Traditional ROI: 5.08%
4489 STRATHMORE DRIVE LAKE WALES, FL Welcome to your personal haven in Lake AshtonâCentral Floridaâs premier 55+ active-adu...	2 beds \| 2 baths \| 1,530 sq.ft.	$319,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 3.3% Airbnb Rental Income: $1519 Traditional Rental Income: $1715 Airbnb ROI: 1.17% Traditional ROI: 3.3%
929 DEVONSHIRE WAY LAKE WALES, FL charming and well-kept 3-bedroom, 2-bath home is located in a quiet and friendly neighborh...	3 beds \| 2 baths \| 1,386 sq.ft.	$249,999	Airbnb cash on cash: 2.65% Traditional cash on cash: 7.25% Airbnb Rental Income: $1523 Traditional Rental Income: $2167 Airbnb ROI: 2.65% Traditional ROI: 7.25%
4568 TURNBERRY LANE LAKE WALES, FL Welcome to the next exciting chapter of your life in Lake Ashton, Central Floridaâs prem...	3 beds \| 2 baths \| 1,847 sq.ft.	$399,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.15% Airbnb Rental Income: $1523 Traditional Rental Income: $1810 Airbnb ROI: 0.2% Traditional ROI: 2.15%
3705 PINE CIRCLE LAKE WALES, FL Under contract-accepting backup offers. Welcome to your dream home on the tranquil shores ...	3 beds \| 2 baths \| 1,624 sq.ft.	$420,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 4.4% Airbnb Rental Income: $1523 Traditional Rental Income: $2595 Airbnb ROI: 0.55% Traditional ROI: 4.4%
4433 VENTANA LANE LAKE WALES, FL Welcome to the next chapter of your life in beautiful Lake AshtonâCentral Floridaâs pr...	3 beds \| 2 baths \| 2,512 sq.ft.	$484,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.12% Airbnb Rental Income: $1523 Traditional Rental Income: $2534 Airbnb ROI: -0.09% Traditional ROI: 3.12%
3118 CEDAR STREET LAKE WALES, FL Discover the Space You Didn't Know You Needed! Sitting on nearly half an acre with No HOA...	2 beds \| 2 baths \| 1,494 sq.ft.	$209,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 8.5% Airbnb Rental Income: $1519 Traditional Rental Income: $2231 Airbnb ROI: 2.67% Traditional ROI: 8.5%
4056 ASHTON CLUB DRIVE LAKE WALES, FL Welcome to this stunning, move-in-ready home located in one of Lake Walesâ most desirabl...	2 beds \| 2 baths \| 1,530 sq.ft.	$305,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.65% Airbnb Rental Income: $1519 Traditional Rental Income: $2044 Airbnb ROI: 1.28% Traditional ROI: 4.65%
116 E NORTHSIDE DRIVE LAKE WALES, FL Northside Apartments, is a 4 unit multifamily property located in Lake Wales, Polk County,...	8 beds \| N/A baths \| 2,448 sq.ft.	$575,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.62% Airbnb Rental Income: $1519 Traditional Rental Income: $3761 Airbnb ROI: -0.38% Traditional ROI: 4.62%
4429 TURNBERRY LANE LAKE WALES, FL Resort-Style Living in Lake Ashton's 55+ Community Golf, Pools & More! The CDD bond is pai...	3 beds \| 2 baths \| 1,847 sq.ft.	$359,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.1% Airbnb Rental Income: $1523 Traditional Rental Income: $2178 Airbnb ROI: -0.15% Traditional ROI: 3.1%
25322 COLUMBIA CIRCLE LAKE WALES, FL One or more photo(s) has been virtually staged. Welcome to this LIKE NEW single family hom...	2 beds \| 2 baths \| 1,020 sq.ft.	$299,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.44% Airbnb Rental Income: $1519 Traditional Rental Income: $1321 Airbnb ROI: 1.57% Traditional ROI: 2.44%
4432 WATERFORD DRIVE LAKE WALES, FL The CDD DEBT IS PAID IN FULL, adding even more value to this incredible property! This won...	2 beds \| 2 baths \| 1,605 sq.ft.	$284,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.89% Airbnb Rental Income: $1519 Traditional Rental Income: $2116 Airbnb ROI: 1.02% Traditional ROI: 4.89%
2452 LAKE FRONT DR LAKE WALES, FL Under contract-accepting backup offers. TWO YEARS NEW! ONE FULL ACRE LOT! OPTIONAL HOA! ...	3 beds \| 2 baths \| 1,510 sq.ft.	$349,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.19% Airbnb Rental Income: $1523 Traditional Rental Income: $1865 Airbnb ROI: 0.8% Traditional ROI: 3.19%
746 CAMBRIDGE WAY LAKE WALES, FL Look No Further! Amazing 3 bed family home nestled in this highly desireable community. V...	3 beds \| 2 baths \| 1,447 sq.ft.	$274,950	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.46% Airbnb Rental Income: $1523 Traditional Rental Income: $1617 Airbnb ROI: 1.39% Traditional ROI: 3.46%
1147 CIRCLE DRIVE LAKE WALES, FL Amazing opportunity to own this beautifully updated home right in the heart of Lake Wales!...	3 beds \| 2 baths \| 1,777 sq.ft.	$395,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.29% Airbnb Rental Income: $1523 Traditional Rental Income: $1785 Airbnb ROI: 0.39% Traditional ROI: 2.29%
150 NORTHSIDE DRIVE W LAKE WALES, FL This fully renovated home offers the tranquility youâve been searching for. Relax in the...	3 beds \| 1 baths \| 1,264 sq.ft.	$220,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.43% Airbnb Rental Income: $1523 Traditional Rental Income: $1463 Airbnb ROI: 2.59% Traditional ROI: 4.43%
629 N 7TH STREET LAKE WALES, FL Welcome to your dream home! Featuring a brand-new roof installed in 2023, this beautifully...	3 beds \| 2 baths \| 1,250 sq.ft.	$250,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 5.2% Airbnb Rental Income: $1523 Traditional Rental Income: $1622 Airbnb ROI: 2.91% Traditional ROI: 5.2%
4009 LONGHORN DRIVE LAKE WALES, FL One or more photo(s) has been virtually staged. BUYER FINANCING FELL THROUGH!! Welcome to ...	3 beds \| 2 baths \| 1,064 sq.ft.	$209,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.03% Airbnb Rental Income: $1523 Traditional Rental Income: $1467 Airbnb ROI: 3.08% Traditional ROI: 5.03%
4319 DINNER LAKE BOULEVARD LAKE WALES, FL Back on the Market with a brand new roof! Beautiful one-story home ready for a new family....	3 beds \| 2 baths \| 2,086 sq.ft.	$329,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.84% Airbnb Rental Income: $1523 Traditional Rental Income: $2414 Airbnb ROI: 1.54% Traditional ROI: 5.84%
4240 DUNMORE DRIVE LAKE WALES, FL RVâs â CARâs â BOATâs â WOOD WORKING â ABUNDANT STORAGE The sellers are mot...	2 beds \| 2 baths \| 1,771 sq.ft.	$560,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.7% Airbnb Rental Income: $1519 Traditional Rental Income: $1723 Airbnb ROI: -0.54% Traditional ROI: 0.7%
118 W NORTHSIDE DRIVE LAKE WALES, FL Welcome to your 3 bedroom 3 bathroom home located conveniently in Lake Wales, home is clos...	3 beds \| 3 baths \| 808 sq.ft.	$185,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 4.68% Airbnb Rental Income: $1523 Traditional Rental Income: $1275 Airbnb ROI: 3.57% Traditional ROI: 4.68%
7 E GROVE AVENUE LAKE WALES, FL BACK ON THE MARKET. UNFORTUNATELY BUYER COULD NOT GET THEIR HOME UNDER CONTRACT BEFORE THE...	2 beds \| 2 baths \| 1,076 sq.ft.	$240,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 3.31% Airbnb Rental Income: $1519 Traditional Rental Income: $1321 Airbnb ROI: 2.23% Traditional ROI: 3.31%
1306 MORNINGSIDE DRIVE LAKE WALES, FL This charming 3-bedroom, 1-bath home offers 1,236 sq. ft. of comfortable living space. The...	3 beds \| 1 baths \| 1,236 sq.ft.	$200,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 5.99% Airbnb Rental Income: $1523 Traditional Rental Income: $1663 Airbnb ROI: 2.92% Traditional ROI: 5.99%
130 RIBBON PARKWAY LAKE WALES, FL Discover the versatility and income potential of this unique 5-bedroom, 5-bathroom lakefro...	5 beds \| 5 baths \| 2,374 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2330 Airbnb ROI: N/A Traditional ROI: 4.75%

Your search for investment property begins and ends here

Memphis Investment Property for Sale in Lake Wales, FL

147 HAYES STREET

LAKE WALES, FL

3 beds | 2 baths | 1,400 sq.ft.

$260,000

Airbnb cash on cash: 2%

Traditional cash on cash: 7.11%

Airbnb Rental Income: $1523

Traditional Rental Income: $2334

Airbnb ROI: 2%

Traditional ROI: 7.11%

6424 JENNY DRIVE

LAKE WALES, FL

3 beds | 2 baths | 1,700 sq.ft.

$325,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 7.62%

Airbnb Rental Income: $1523

Traditional Rental Income: $2904

Airbnb ROI: 1.65%

Traditional ROI: 7.62%

2609 EAGLE COURT

LAKE WALES, FL

3 beds | 2 baths | 1,965 sq.ft.

$350,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $1523

Traditional Rental Income: $2505

Airbnb ROI: 0.74%

Traditional ROI: 5.07%

496 LAKE SUZANNE DRIVE

LAKE WALES, FL

2 beds | 2 baths | 1,637 sq.ft.

$345,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1519

Traditional Rental Income: $2391

Airbnb ROI: 0.58%

Traditional ROI: 4.63%

4820 CYPRESS DRIVE

LAKE WALES, FL

2 beds | 2 baths | 1,325 sq.ft.

$334,900

Airbnb cash on cash: 1.69%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1519

Traditional Rental Income: $1989

Airbnb ROI: 1.69%

Traditional ROI: 4.58%

806 CHAMBERLAIN LOOP

LAKE WALES, FL

3 beds | 2 baths | 1,379 sq.ft.

$224,000

Airbnb cash on cash: 2.73%

Traditional cash on cash: 7.75%

Airbnb Rental Income: $1523

Traditional Rental Income: $2145

Airbnb ROI: 2.73%

Traditional ROI: 7.75%

348 LAKE SUZANNE DRIVE

LAKE WALES, FL

2 beds | 2 baths | 1,546 sq.ft.

$259,000

Airbnb cash on cash: 2.09%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1519

Traditional Rental Income: $2053

Airbnb ROI: 2.09%

Traditional ROI: 6.08%

4338 DINNER LAKE BOULEVARD

LAKE WALES, FL

3 beds | 2 baths | 2,086 sq.ft.

$312,500

Airbnb cash on cash: 0.59%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $1523

Traditional Rental Income: $2272

Airbnb ROI: 0.59%